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UnitedHealth Sells Stake in Florida WellMed Clinics to TPG

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UnitedHealth sold an ownership interest in some Florida WellMed clinics to private equity firm TPG. The clinics will remain part of Optum’s network as UnitedHealth pursues a strategic review and plans to invest in Florida, including in value-based care. Executives also discussed UnitedHealth’s $3.3 billion merger with Amedisys after previously disappointing profits tied to Optum Health.

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